Global Safety PLC Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Safety PLC Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Safety PLC market finds that the global Safety PLC market reached a value of USD 2815.69 million in 2022. It’s expected that the market will achieve USD 4262.0 million by 2028, exhibiting a CAGR of 7.15% during the forecast period.

Siemens extends industry leading Simcenter simulation and test offering with acquisition of noise, vibration and harshness business from Saab Medav (Mar 22, 2019)

Siemens announced today that it has signed an agreement to acquire the Noise, Vibration, and Harshness (NVH) end-of-line quality testing business of Saab Medav Technologies GmbH, a global provider of state of the art signal processing, communications intelligence and analysis for air, land and naval applications, as well as NVH solutions for industrial quality testing.

Rockwell Automation Acquires Emulate3D, a Leading Software Developer for Simulating and Emulating Industrial Automation Systems (January 28, 2019)

Rockwell Automation, Inc. (NYSE: ROK) has acquired Emulate3D, an innovative engineering software developer whose products digitally simulate and emulate industrial automation systems. By using accurate simulation models to improve systems planning and decision-making, followed by emulation trials that test the control system before installation, Emulate3D’s software enables customers to virtually test machine and system designs before incurring manufacturing and automation costs and committing to a final design.

Rockwell Automation Acquires MESTECH Services (October 01, 2019)

Rockwell Automation today announced that it has acquired MESTECH Services, a global provider of Manufacturing Execution Systems / Manufacturing Operations Management, digital solutions consulting, and systems integration services.

Region Overview:

North America is projected to account for a considerable share of the Safety PLC market and is expected to become the largest region by 2028.

Company Overview:

Siemens Safety Integrated is one of the major players operating in the Safety PLC market, holding a share of 22.32% in 2023.

Siemens Safety Integrated

Siemens is a global powerhouse focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of systems for power generation and transmission as well as medical diagnosis. In infrastructure and industry solutions the company plays a pioneering role.

Rockwell Automation

Rockwell Automation, Inc., is an American provider of industrial automation and information technology. Brands include Allen-Bradley and Rockwell Software. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs over 22,000 people and has customers in more than 80 countries worldwide.

Segmentation Overview:

By type, Modular segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Automotive segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Safety PLC market covered in Chapter 3:

Mitsubishi
ABB
Pilz
Leuze
Siemens Safety Integrated
Omron
Rockwell Automation
Schneider (Modicon)
Etrol
KEB Automation KG
Koyo

In Chapter 4 and Chapter 14.2, on the basis of types, the Safety PLC market from 2018 to 2029 is primarily split into:

Modular
Compact

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Safety PLC market from 2018 to 2029 covers:

Automotive
Energy and Power
Pharmaceutical
Semiconductors
Food and Beverage
Oil and Gas
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)